Seacoast Banking director granted 2,015 shares
HUDSON DENNIS S III reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HUDSON DENNIS S III reported acquisition or exercise transactions in this Form 4 filing.
Seacoast Banking Corp of Florida director Dennis S. Hudson III received a grant of 2,015 shares of common stock on July 31, 2026 at a reported value of $34.74 per share, issued from the 2021 Incentive Plan for 2026 board service and held in a trust. He also holds rights to buy 55,279 shares at $31.15 expiring April 2, 2028 and 78,021 shares at $28.69 expiring April 3, 2027 under the Amended and Restated 2013 Incentive Plan, plus additional direct and indirect common stock holdings through family-related accounts and entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,015 shares
Grant/Award
8 txns
Insider
HUDSON DENNIS S III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 2,015 | $34.74 | $70K |
| holding | Common Stock Right to Buy F6, F7 | -- | -- | -- |
| holding | Common Stock Right to Buy F6, F7 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 280,644.537 shares (Direct);
Common Stock Right to Buy — 133,300 contracts (Direct);
Common Stock — 21,867 shares (Indirect, Held by Spouse in Trust);
Common Stock — 51,416 shares (Indirect, Held by Sherwood Partners, Ltd, family partnership)
Footnotes (7)
- F1. Stock issued from Seacoast's 2021 Incentive Plan for Board Services in 2026
- F2. Shares held in Trust
- F3. Shares held jointly with spouse
- F4. Represents shares held in the Company's Retirement Savings Plan as of March 31, 2026
- F5. Held in IRA
- F6. Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan
- F7. Vests over 3 years in one-third increments each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continuous employment on each vesting date and the Company's banking subsidiary meets certain capital requirements.
Key Figures
Common stock grant: 2,015 shares
Grant value per share: $34.74
Exercise price for 2028 rights: $31.15
+5 more
8 metrics
Common stock grant
2,015 shares
Grant for 2026 board service on July 31, 2026 from 2021 Incentive Plan
Grant value per share
$34.74
Reported value per share for the 2,015-share common stock grant
Exercise price for 2028 rights
$31.15
Exercise price for rights to buy 55,279 common shares expiring April 2, 2028
Underlying shares for 2028 rights
55,279 shares
Common shares underlying rights to buy at $31.15, expiring April 2, 2028
Exercise price for 2027 rights
$28.69
Exercise price for rights to buy 78,021 common shares expiring April 3, 2027
Underlying shares for 2027 rights
78,021 shares
Common shares underlying rights to buy at $28.69, expiring April 3, 2027
Indirect holdings via spouse trust
21,867 shares
Indirect Seacoast common stock held by spouse in trust
Indirect holdings via family partnership
51,416 shares
Indirect Seacoast common stock held by Sherwood Partners, Ltd family partnership
Key Terms
2021 Incentive Plan, Amended and Restated 2013 Incentive Plan, Common Stock Right to Buy, Retirement Savings Plan, +1 more
5 terms
2021 Incentive Plan financial
"Stock issued from Seacoast's 2021 Incentive Plan for Board Services in 2026"
Amended and Restated 2013 Incentive Plan financial
"Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan"
Common Stock Right to Buy financial
"Common Stock Right to Buy with underlying Common Stock shares reported"
Retirement Savings Plan financial
"Represents shares held in the Company's Retirement Savings Plan as of March 31, 2026"
IRA financial
"Held in IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Dennis S. Hudson III report at Seacoast Banking (SBCF)?
Dennis S. Hudson III reported a grant of 2,015 shares of Seacoast Banking common stock at a reported value of $34.74 per share. The shares were issued from the 2021 Incentive Plan for 2026 board service and are held in a trust.
Which incentive plans are involved in the Seacoast Banking (SBCF) insider award?
The 2,015-share grant came from Seacoast’s 2021 Incentive Plan for board services in 2026. Additional rights to buy common stock were granted under the company’s Amended and Restated 2013 Incentive Plan, as described in the filing’s footnotes.
What stock rights does Dennis S. Hudson III hold in Seacoast Banking (SBCF)?
He holds rights to buy 55,279 Seacoast common shares at $31.15 expiring April 2, 2028 and rights to buy 78,021 shares at $28.69 expiring April 3, 2027. These positions are reported as direct holdings under the 2013 Incentive Plan.
How do the Seacoast Banking (SBCF) stock rights vest for Dennis S. Hudson III?
The stock rights granted under the 2013 Incentive Plan vest over three years in one-third increments on each anniversary of the grant date. Vesting requires continuous employment on each vesting date and that the banking subsidiary meets specified capital requirements.
What indirect Seacoast Banking (SBCF) holdings are reported for Dennis S. Hudson III?
Indirect holdings include 21,867 shares of common stock held by his spouse in a trust and 51,416 shares held by Sherwood Partners, Ltd, a family partnership. Additional shares are reported in joint accounts, a retirement savings plan, and an IRA.
AI-generated analysis. How Rhea-AI works. Not financial advice.
